Yu Alan 4
4 · Karat Packaging Inc. · Filed Sep 14, 2023
Insider Transaction Report
Form 4
Yu Alan
DirectorChief Executive Officer10% Owner
Transactions
- Sale
Common Stock
2023-09-12$21.00/sh−500,000$10,500,000→ 6,926,698 total
Footnotes (1)
- [F1]Pursuant to a Registration Statement on Form S-3 that became effective on November 28, 2022 and an underwriting agreement dated September 7, 2023, Mr. Yu sold 500,000 shares of common stock of the Issuer in an underwritten secondary public offering. The shares were sold at a public offering price of $21.00 per share, and Mr. Yu paid an underwriting discount and commission of $0.735 per share, resulting in a net price of $20.265 per share.